Post
Topic
Board Bitcoin Discussion
Re: Cryptocurrency market - what are you doing in this market conditions?
by
crazycatwoman03
on 16/06/2018, 14:44:05 UTC
What are you doing right now in this bear market?
Do you think we are in a bear market or is it just a correction?

Well at this point, the correction is probably over and we're just not getting over the bears just yet. Though with how fast and how high the price moved last december, it's also possible that a correction is still in play. Patience is always the key in times like these especially if you've entered at quite a bad time
True and besides what we can only do now is wait. You can sell but if you know that the cause of it is not going to be worth it then choose to keep your coins/tokens in the wallet. Day trading could be an alternative at times like this but keep in mind that the profit is only little or maybe just enough besides it is riskier than holding especially if you don't know how to do it. It will consume time watching the market price and waiting for the price where you can earn profit.

I also do day trading and holding but I will pretty much prefer holding because guarding the market price is stressful. I have experience that the price of the coin I am watching go up when I am not on guard and it is very frustrating.